Gold created a big bearish engulfing on the Daily TF. The current monthly candle has a decent amount of bullish exhaustion( Big wick to the upside). On the 6HR TF, Gold is beginning to create a downtrend which will begin the retracement phase for the Daily TF. Hopefully I can find out if there are any fundamental reasons for my analysis.
Gold didn't break 2325 yesterday and form a red daily candle. This is a sign of bearish continuation. I will only short today. Expecting from 2325 zone and targeting 2300.
Gold completed its wave 4 ( D wave system) which is called reversal on Lower TF. Our target remains to be 2280 zone for the drop next. This is not a financial advice.
Friends, gold has plummeted recently, and opportunities and challenges coexist. Are you ready to welcome your victory? Spot gold suddenly plunged nearly 40 US dollars in the short term, and the gold price just hit a low of 2295.44 US dollars. What happened yesterday was that this important factor that was good for gold prices disappeared. Tehran has played down...
We have all these political news and gold is gathering liquidity without an algorithm. I hope this week the dollar chart will come out of stagnation and we can see a bearish scenario on gold.
What we have seen in the past two weeks with price action is a slow and steady increase with more wicks attacking Buyside than Sellside throughout the week. Friday 12th April 24 was a pivoting point where all time highs was created @ 2431.78 and never reached back up there again before selling off into the bullish daily order block between 2300 - 2305. Last week...
Affected by the geopolitical situation, gold has rebounded, but we still insist that gold only rebounds rather than reverses. Therefore, Sell can continue after rebounding near 2325. Gold's 1-hour moving average continues to cross downwards in a short position, and there is no sign of a turning point. Gold's rebound is limited, and it has not truly stood above...
Gold made a strong counterattack yesterday, and it seemed that the market was about to reverse. The market did not continue to rise in the evening. Gold shot up at 2331 and fell back. The strength of the rise was limited. The gold rebound was not a reversal. The current price in early trading was 2327 and continued to be short! Gold's rebound yesterday did not...
You will never see a chart as clean as this. SMC to the World! #sirtuns @sirtuns4real
Gold News: Read the Latest Analysis on XAU/USD Gold Price: Current Pricing, Prices Chart & Rate Graph Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its...
now gold is at down trend then we have next big down movement coming up
Hey there on 1htF the Gold has rebound from 2311 and 2317 on Wednesday so we can now see a dip more from 2327 XAU/USD trades at $2,327 and has gained 0.28%. The Middle East conflict seems to have de-escalated following the fire’s interchange between Iran and Israel. Expectations for a Federal Reserve (Fed) rate cut in June and July vanished as most market...
XAUUSD has made a double top and RSI div on 4 hour, now it has break higher low on 4 hour. we are going short on XAUUSD.
We had busy day on gold 4 position opened with 2 tp and 2 sl Totally we made almost 140 pips profit on just one golden area 😍 Keep your money management on And enjoy your profit❤️
Upon examining the monthly gold chart, it appears there could be a significant price drop, a secondary scenario in our analysis. We don't foresee a 50% decrease in the near future, though it's not impossible, especially if the market downturn affects all sectors, including gold. It's crucial to consider all possibilities due to market unpredictability, even a drop...
I am trading multiple time frame analysis for many years. After reviewing trading ideas from various traders on Tradingview, I noticed that many traders are applying that incorrectly In this article, I will share with you 5 essential tips , that will help you improve your multiple time frame analysis and top-down trading. The Order of Analysis Matters...
Hey Everyone, Another great day on the charts today with our Goldturns respecting level to level. Yesterday we stated that each of the Goldturns within the open swing range gave bounces inline with our plans to buy dips and now heading to 2333 for a test of resistance previously support. - This played out perfectly with 2333 hit today. 2333 is now acting as...
GOLD NOW TO WAY TO FINISH WAVE Z note :any help or question just send write comment to help you Note: for new followers after follow me cheek your inbox in trading view i will send message welcome and surprise like and follow our profile for more signal forex for free and good luck